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TruckersReport.com Trucking Forum | #1 CDL Truck Driver Message Board
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<p>[QUOTE="TallJoe, post: 6506160, member: 180515"]Interesting report! It means that the cost per mile) exceeds way over 2.5 easily when considered a driver's pay. If I were to hire a driver (let's say for 50 c a mile) then with an additional cost of then mandatory worker's comp and payroll cost I'd be left with nothing or a loss. This report also shows the freight rates need to be at 3 dol a mile to justify the costs and effort.</p><p>BUT the crucial questions remain...who's paying consistently 2.5 - 3 dol a mile? OR how to make them pay that? Load boards rates are what they are because people agree with them. So maybe the sad truth is that relaying on load boards only e.i. spot market will slowly but surely lead someone to financial fiasco because, if you ask me, not too often I see them brokers willing to pay as much on regular basis and everywhere.[/QUOTE]</p><p><br /></p>
[QUOTE="TallJoe, post: 6506160, member: 180515"]Interesting report! It means that the cost per mile) exceeds way over 2.5 easily when considered a driver's pay. If I were to hire a driver (let's say for 50 c a mile) then with an additional cost of then mandatory worker's comp and payroll cost I'd be left with nothing or a loss. This report also shows the freight rates need to be at 3 dol a mile to justify the costs and effort. BUT the crucial questions remain...who's paying consistently 2.5 - 3 dol a mile? OR how to make them pay that? Load boards rates are what they are because people agree with them. So maybe the sad truth is that relaying on load boards only e.i. spot market will slowly but surely lead someone to financial fiasco because, if you ask me, not too often I see them brokers willing to pay as much on regular basis and everywhere.[/QUOTE]
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TruckersReport.com Trucking Forum | #1 CDL Truck Driver Message Board
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Owner Operators
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Caution Prospective Independent O/O! My Embarrassment.
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Reply to Thread